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council signed (the agreement),” Ms. Bruce said.
The town is in a "unique situation,” Mr. Wickens continued. “Our phone company is interested more in getting into other businesses than in telephone service — and our electric company is the only one which has corporate offices which are not within its service area, and not a single director lives within the service area.”
Mayor Morehouse found agreement to his suggestion that a list of grievances be made and a meeting requested with Centers representatives.
Water project progresses
Mr. Fisher reported that applications have been filed with the Farmers Home Administration for a Community Facilities Loan, as well as a grant to help fund the renovation of the town’s waffer system. He said that the FmHA money could be approved by fall.
An additional state grant, funded through the Virginia Community Development Block Grant program, will not be approved until March 1989, he added.
Mayor Morehouse said the plan is to attempt to do the $1.1 million project with 80 percent state and federal grants and 20 percent long-term obligations to the town. Without the grants, "he said, the project would not be possible.
Mr. Fisher suggested that an average charge of between $13 and $15.50 for water service would cover the costs of the project, which he estimated at approximately $16,000 per year over the life of the note: between 30 and 40 years.
He added that the town will see a sharp decrease in the amount of
83.4%